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a historic arms control agreement with russia which has reduced the number of nuclear weapons that are actively deployed, and he has rebalanced and refocused american foreign policy to the most important region of the world, the asia pacific region. on the whole i would have to give him a very high marks. >> i see. how would you assess romney's approach to foreign policy? >> well, that's a good question. it is not clear what will be romney's approach to foreign policy because i think there are two romneys. there is the hawkish romney who seems to be wanting to pursue a policy that considers certain states as enemies, where military action may be seriously contemplated and he has referred to nuclear iran and syria, russia, as a big adversaries and then there is the other romney that we saw in the presidential debate and this romney was a romney that was much more moderate, realistic, and a presidential candidate who used the word peace so many times and much more than president obama. so we will know until he takes office who will not true romney in terms of foreign policy. >>
always spoke of russia in negative terms. of course i did not like that. that is why i was rooting for obama to win. >> obama always said he did not want another cold war, and that is a huge positive for the relationship between the u.s. and russia. the reaction from the kremlin was less enthusiastic. after putin was reelected, several meetings were scheduled and then canceled until he finally met with obama this summer. moscow was struggling to maintain its status as a world power, and that has made for confrontation with washington on a number of issues, from the war in syria to missile defense in europe. >> here, that ties are viewed as the norm, but that is not normal. it does damage. it prevents russia from fulfilling important tasks, especially the long-overdue process of modernization. >> right now, putin is keeping tight control on things at home, and he uses his opposition to america to rally the masses behind him. >> for more on what the president's reelection means for u.s. foreign policy, we are joined in the studio by markets of the swp german institute for internation
between germany and russia by some measures is at its worst in decades. has there been a real break down between russia and the west as pew ten has come back into office? >> i don't believe there's been a break down. i think the perception of russia has been difficult from western investors. when you see human rights case come up, people get a bit more nervous. but general employeeliemployee russia is still a good place to invest. >> a lot of cross border deals. is the environment todayl emplo russia is still a good place to invest. >> a lot of cross border deals. is the environment todayemploye russia is still a good place to invest. >> a lot of cross border deals. is the environment todaymployee russia is still a good place to invest. >> a lot of cross border deals. is the environment todayployee a is still a good place to invest. >> a lot of cross border deals. is the environment todayloyee i is still a good place to invest. >> a lot of cross border deals. is the environment todayoyee i is still a good place to invest. >> a lot of cross border deals. is the environment todayyee i f st
were reported killed in this attack alone. russia's foreign minister met with jordan's foreign minister. he also held private talks with the former syrian prime minister. the former assad ally defected to the opposition in august. he faces tough questions about why russia continues to supply assad with weapons. >> we are only honoring contracts that were agreed some time ago. the supplies have nothing to do with the current conflict. they are merely supposed to help syria provide for its own defense. that includes defending itself against air attacks. >> that sort of rhetoric rings hollow to many in syria. for them, the deaths of friends and family have become a daily reality. >> in germany, reports are coming in the prosecutors are bringing charges against a surviving member of a suspected neo-nazi terror cell. >> he is suspected of being a member of a cell that killed at least 10 people, nine of them with immigrant roots between 2000 and 2007. both of his accomplices committed suicide last year. the murder spree caused outrage in the country and prompted the country to overhaul securi
, his efforts are already having an effect. >> in russia, a new law has come into force, requiring organizations that receive funding from abroad to register as foreign agents. dam it conscious of the days of the cold war, and the affected groups are not at all happy about those implications. >> many plan to boycott the law, including an election watchdog. >> this russian election watchdog now has to declare itself a foreign agent because it receives funding from the u.s. and europe. >> it is clear to us that any group that does not register as an agent and is viewed as a nuisance by the state apparatus will be first to be put through the wringer by the authorities. >> the new law passed through parliament during the summer with virtually no public outcry. it is backed by the ruling united russia party, which is allied to president vladimir putin. supporters of the law say it is simply a way to identify groups involved in russian politics who use funds from overseas. >> i do not think it is repression. it is just a way of classifying politically active citizens groups. may be someo
company bought the lng from gazprom, a firm related to russia's gas company. the arctic route is considered promising as a new shipping lane connecting europe and japan. that's because the arctic ice is reduced due to global warming. the route can be used only between spring and fall when the amount of ice is small. once the route is proven safe, japan can increase its lng imports from europe and russia. this will also cut japan's energy dependence on the middle east as well as import costs. european countries are hoping to boost their exports of natural gas to japan and other asian nations by using this new route. >>> japan is not the only asian country that seeks greater potential in the arctic sea. china is another. a research institute in sweden says china will steadily increase efforts to secure natural resources in the arctic region. the stockholm international peace research institute issued a report on china's activities in the region on tuesday. it says the country is showing a strong interest in exploring natural resources in the area and using the arctic shipping la
it would be the first such venture by a russian firm on the disputed islands. russia is stepping up efforts to develop tourism on the islands. the government has built a new airport and is organizing foreign sightseeing tours. japanese consular officials in yuzhno-sakhalinsk says russia may use tourism to gain greater control of the territory. >>> there's a storm moving through the northwest u.s. for more on the weather here's meteorologist robert speta. >> yes, we've been watching the storm here in the pacific northwest. it's been bringing some very gusty winds and heavy rains. well now it's going to start to pull here towards the east off into the dakotas. some improving conditions in around washington and towards oregon. then into the dakotas, stuff going downhill here. heavy rain, about five centimeters of snowfall accumulating. gusty winds, sometimes up to 90 kilometer per hour winds. ahead of that front, thick fog is being seen in the midwest. flights in and out of chicago, do check them out ahead of time because you're seeing some airport delays due to the fog. that's going to start
. russia is stepping up efforts to develop tourism on the islands. the government has built a new airport and is organizing foreign sightseeing tours. japanese consular officials say they oppose the plan as russia may use tourism to justify greater control of the territory. >>> a lucky tourist in south korea has been given an unexpected welcome. the chinese woman arrived in seoul to be greeted as this year's ten millionth tourist, a new record. seoul's international airport celebrated the occasion on wednesday with a welcome ceremony. the chinese visitor from shanghai was presented with flowers and a gift. the new record tops last year's 9.8 million tourists. the culture minister said tourists often return for repeated visits. many are attracted by the boom in korean popular culture. over 3 million japanese tourists have visited south korea so far this year. that's up 14% from a year earlier. but the numbers slumped nearly 4% in september. and over 20% in october. the south's culture ministry says strained relations with japan may be to blame. the two sides came to verbal blows in august
. the syrian conflict. russia. this is 45 minutes. i thought i would start here. there has been a lot of conversation in this room about the transition and this country. this is happening in china. tell us a little bit about what you think this transition will bring. well of bring substantial change to china? stability or instability? >> it will bring both. let me explain. and we tend to look at transitions in the united states. people come in. they have to lie to keep orders. they have insurance. they were made to execute. this is not how transitions are working. the power is much less than that from the president of the united states. he has to govern with the consensus of the standing committee. we can judge what the problem is. he is the chairman of the board. he is the most powerful person. he had to form coalitions within the system. the manner of execution brought the country is not necessarily through the first task. each generation of leaders have reflected a certain experience that the revolutionary. they recognize that it had to be, it needed to be reformed. they have the a
russia, but criticism can be dangerous. president alexander lukashenko simply does not tolerate dissent, so many of his opponent's field force to escape abroad. great britain granted political asylum to a former deputy foreign minister of belarus this summer. the man was sentenced to prison in belarus and had to flee because he had taken part in protests against lukashenko, but some eu countries are no longer keen to take on the belarussian regime. >> the worst thing is the boredom and the uncertainty. the asylum seekers center where he has been living the past year is 7 kilometers away from the border. the town's solitary cafe provides some welcome relief. he is here because he deserted from the belarussian army when he could no longer face the beatings from his superiors. >>ehould say we are prepared to take up arms if there is no other way to contain the mass protests. in the name of the republic of belarus. >> he has gotten help from opposition activists, help that is desperately needed. >> he would face a terrible fate if he were deported, possibly be killed it would be made to loo
degrees higher than yesterday. across northeastern china and southeastern russia and parts of north korea, this is where we find a winter storm impacting the region with snow. additional snowfall could be as much as a10 centimeters. across the rest of china, things look nice but very cold. beijing had minus 3 degrees in your morning hours. things are tapering off in myanmar where the magnitude earthquake hit near mandalay region. it will be above the norm at 32 degrees. it will remain dry the next couple of days. tokyo, as i mentioned, 22. really nice. do enjoy that weather. it's going to get colder and colder into the mid week. in the american continent we have a system pretty potent moving across kwee breck, you have a freezing rain warning across the region and then this cold front is sagging down in towards texas. along it you find wetd and windy continues. some thunderstorms will be on the severe side, especially around the arklatex region with hail of a golf ball size and tornadic activity, which cannot be ruled out. across chicago where the nfl match-up takes place in and around th
submarine detected 300 miles off the east coast of the united states in late october. russia navy commander announced earlier on june 1, the russian nuclear power subs would return to patrolling the world's oceans as they did in the soviet times. >> bret: jennifer griffin live at the pentagon. thank you. we're learning tonight about the new suspects in september's deadly terror attack on the u.s. mission in libya. incident about to come under scrutiny. herron has the latest. >> reporter: -- catherine herridge has the latest. >> reporter: the list of suspects extends handful of militants aligned with the group jamal network fox news learned. it takes its name from abu ahmed released from the egyptian jail in arab spring. he has close ties to al-qaeda leader ayman al-zawahiri. >> i think we are going to find out that jamal is much more active internationally across, not just in libya and egypt but elsewhere. network is involved in really exploring terrorism throughout the middle east. >> u.s. officials believe jamal established training camps in libya and in the camps that some of the fighter
, through japan, through china and also russia. but i do think ultimately the economy is faltering internally because of the government is able to buy as you reported and broke the story through reuters a couple weeks ago here they were getting one to $3 billion of gold into iran helping them bolster their cash. but on the other hand, goods they're buying are still not keeping up. they have 30% reduction in oil imports or exports rather. they're really suffering on things bringing inand out of the count. meliss how are they doing that? >> they're doing it through, number one, bringing in bullion from turkey and dubai. that brings in cash they need without having to deal in rials. india, japan and china purchasing 50%. their oil shipped through iranian ships orer flagships that e masking the fact that that oil is going to those countries. turkey has the pass through the sanctions of 180 delays they're still dealing with ir. russia, some defense systems they were using in the defense drills this past week were russian made, th s-200 defense system. >> this situation is not getting an
: thank you for being here. >> thank you. lou: next russia's leading newspaper on president obama and those who voted for him not flattering. noted obama backer seemingly working hard to prove the point. that is next. it up tomorrow, abc news white house correspondent with his new book. we will be talking about that. former federal prosecutor and former u.s. ambassador to the united nations among our guests. coming right up, the "a-team" on the republican rebellion against what. who is this guy? grover norquist -- grover norquist. suddenly being blamed for everything. the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her likes 50% more cash. but i'm upping my game. do you want a candy cane? yes! do you want the puppy? yes! do you want a tricycle? yes! do you want 50 percent more sh? no! ♪ festive. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. what's in your wallet? ♪ lou:
job in libya but since then china and russia is walking all over us. i am not sure she is the strongest advocate. i think she is more political operative more than anything else when it comes to benghazi. i make a prediction. i think there will be a few democrats reluctant to vote for somebody involved what i think is a national security debacle. again, i've been on the other side of this when a republican administration is telling you everything is fine when it's not. >> [inaudible]. >> not yet, no. >> [inaudible]. >> i don't know. again, that's all, you see all, as he said earlier, all these things are flying around. somebody was doing this, somebody was doing that and for example, there's this, the latest is interesting, is this person who was associated with general petraeus said, at some gathering there was two or three libyans being held in the safe house. now the cia has said that's just patently false. all these things are flying around and we don't know. that's why we need an investigation. last one. yeah? >> [inaudible] . >> well, first of all, i think that is
cost investments. ♪ >>> a couple other stories we're following this morning, russia's space agency has denied it lost communication with the international space station after a cable broke outside moscow. the story was first reported on state run news agency saying the broken kibl meant russia had lost the ability to control most of its civilian satellites. a spokesman was quick to assure that despite the broken cable, satellites and the station were continuing to operate normally. he also said the agency was able to communicate with the satellites and control them. plenty more coverage on this story at cnbc.com. further israeli strikes have killed three palestinians in the southern gaza strip this as three were killed in an auntment building in central israel, the first israeli fatalities since israel relaunched an offensive against gaza a day earlier. and the latest action came as the u.n. security council held an emergency meeting in new york to discuss the escalation of violence in the region. yesterday israel killed hamas' top military commander during air strikes. condemnation of
. now a team scientists from russia, switzerland and france will try and determine if the poisoning was the underlying cause of death. if ingested a quantity of the it can am deadly. it destroys dna, the immune system and major organs. but detection, it's not that simple. the drug dekays quickly. losing its radioactive in 2 1/2 years. remember, arafat now has been dead for eight years. scientists anding his remains say it will take at least three months before they have any results and those results could be inconclusive. yasser arafat, he was controversial in life and he remains so now in death. shep. >> shepard: david lee miller in jerusalem. powerball fever has the winning jackpot topping half a billion dollars tonight. lottery officials say it's likely to get bigger. as for your chances of winning, well, we'll crunch those numbers next. plus, don't want to put your aging parents in a nursing home, right? so why not just let them live in the backyard? we'll have that for you just ahead ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the
us, hey, russia, if you look up to the moon now? watch now. boom! fantastic. >> dana: that is what they call a blue sky brainstorming where you are in a situation room. what could we do? no idea is bad idea. you won't be judgeed by bad idea. >> brian: my feeling is this is similar to trailing in a pickup basketball game by sin surmountable margin. you'd go just promise you won't tell anybody. because i don't want someone bringing it up on a talk show it's my idea to blow up a moon! >> bob: you go back on the court to play. >> andrea: if you look at when this was dreamed up weren't you in government? this sounds like a bob beckel idea. we'll just blow it up. >> bob: there was a 470-pound woman kicked off three flights because she was too big for the seat. he is died of kidney failure. should he is be denied seats? >> eric: the couple flew from america to hungary. they couldn't get the seat belt on and booked another flight and there was a problem with the seat belt. was it safe for her to fly? they felt it wasn't. she got off the plane and die died. >> dana: he is couldn't get to he
convention more people were also arrested demanding a fair, russia, comprehensive immigration policy. -- rational, comprehensive immigration policy. what you think will happen now? the supposedly is a lot of soul- searching in the republican party because there were so badly beaten. what is the shape of policy you see? what are the issues that must be hit to make a comprehensive, satisfactory policy in this country? >> i think what you're seeing -- i'm glad you mention the 2006 protests. i said back then that was the coming of age of the latino community in the united states, that series of protests. i am willing to bet a months pay that every one of these elections at the local level across the country this week, the young latinos that were involved with organizing the campaigns, that many of them were participants in those protests and were really inspired to get into political activity as a results of the immigrant protest in 2006, and the frustration they felt was six years passing and nothing has been changed in immigration. hopefully, what will come of this new coalition is not
. the u.s. is in third place behind russia and saudi arabia. >>> hostess brands warning it may permanently close some of its plants if union members continue to strike. the action represents 5,000 hostess workers. that is today's david, speed read [buzzer] david: gooo work. hostess doesn't have twinkies anymore, does it? sandra: that doesn't matter. david: thank you, sandy. george lucaas is sell to the film companying to $4 billion this year may save him tens of millions of dollars of capital-gains taxes if he completes the deal before rates go up january 1st. while on a much smaller scale there are many more deals being struck before the clock strikes on a 15% capital gains rate. one of the deals is made by burt wolf whose okay again business was in his family since 1936 but he sold before the higher taxes kicked in. burt joins us now. you're thinking like a billionaire because presumably why george lucas wants to sell, right? >> if you say so. david: why are you selling? what is the specific reason you're selling now? the family has been in business for three or four generations. why sel
. if you go to russia and you put on discovery, it's putin's favorite channel. the people in russia think it is a russian channel so one, our content works really well but it's not just discovery. animal planet also universal, almost 90% of our -- when we develop a show for animal planet we take it everywhere in the world. i.d. as i mentioned has been very successful for us. it's a top ten network in america. in the last nine months we've launched it in over 130 countries. >> "honey boo boo" is not on france. >> tlc is a little different. animal planet, science, discovery, and now i.d., that content works. so we really have a different economic model. if we invest in a show like "gold rush" or we invest in a show with david salmani on animal planet, who will be here in a few minutes or susan lucci we take those shows around the world. those nichz, science is universal. tlc is more difficult. we have to do local content with tlc because it feels like an american channel. >> david is our guest host. we've been asking ceos and business leaders how they are planning for the end of the year wi
hd hasn't rolled out in turkey and russia. it's a big hedge for us. >> thank you for being here. >> appreciate it very much. join us tomorrow. "squawk on the street" begins right now. >>> good monday morning. welcome to "squawk on the street." i'm melissa lee with carl quintanilla, david faber and jim cramer. we kick off the week better than we had seen last week. looking at a higher open across the board after the worse weekly losses with both indices closing below the 200-day moving average on friday. looking at the action over in europe, we are seeing small gains across the board. our road map starts on capitol hill where congress returns to work tomorrow as leaders prepare to meet with the president this week on the fiscal cliff. lawmakers over the weekend sound optimistic that a deal will be reached. how likely is that? >> jeffries gets bought in a $3.7 billion deal. leucadia is described as a mini berkshire hathaway. >> a war to see who will open earliest on black friday or on thanksgiving itself as it turns out. >> first up, after coming off the worst week for the markets
the same way barack did. he went from labeling russia, which he recently called the soviet union, labeling russia are most significant geopolitical foe -- let me tell you something, he also was opposed to the new start treaty which every single solitary former republican secretary of state, republican national security adviser, republican secretary of defense was for. he was against it. he said he would have never supported it. all of a sudden -- i tell you. it is amazing. we can work with russia, we can be very close with russia. [laughter] he went from harshly criticizing us to saying we will and we will turn over for responsibility to the afghan military at the end of 2014. [applause] he went from saying we should never have set a timetable, he would not do that. i had a debate, too, with ryan. [applause] in my day, he was talking about more troops in the east, more americans would be there -- we should not have set a date. then along comes romney -- my generation has gone on the wings of a snow white dove, preaching -- preaching glove. i tell you what, it was just amazing. when asked,
to go into exile. he spoke in an interview with "russia today.v." earlier this week, british prime minister david cameron suggested giving assad safe passage out of syria, if that would guarantee an end to the war. but the syrian leader flatly rejected the idea. he said, "i am syrian and i will live and die in syria." those are some of the day's major stories. now, back to jeff. >> brown: after the vote, where does the republican party go from here? one thing it clearly faces: a changing electorate. exit polls showed that mitt romney lost every demographic-- blacks, hispanics, and asians-- other than white voters, who favored the republican nominee. romney won among older voters, buthe esident led among those under age 44. and he captured 60% of the 18- to 29-year-old vote, which turned out in greater numbers than in 2008. exit polls also sampled attitudes on the tea party. 21% said they support the movement. 30% opposed it and 42% declared themselves neutral. we do our own sampling now, with three party members: leslie sanchez, a republican strategist and author of "los republican
, benjamin netanyahu congratulating barack obama on his re-election. president putin in russia saying the same thing. one thing i can tell you, the taliban, telling barack obama it's team to get out of afghanistan. so, a stern message from them. >> all right, abc's mark greenblat reporting from capitol hill, live this morning, we thank you, mark. we will extend to you or olive branch as well. >> thank you. >> good to see this kind of tone though on capitol hill. especially kidding just, how divisive it has been. it's good for america to see this. john boehner coming out today. harry reid as well. boehner said, we can't keep setting the bar that low. it is time we raise the bar. i loved what he said about we are ready to be led not as democrats or republicans, but as americans, not as a liberal or conservative, but as the president of the united states. >> that's the quote mark alluded to. you hope in light -- dual messages last night. the country overwhelmingly elected barack obama back to office. more democrats in the senate and the house. on the other side. popular vote very close.
vita russia in miami. >> it would be nice to have the jack to do business with the jills. wouldn't it? >>> tyler, we've got some whales weighing in. groupon, for one stock. on november 12, george soros and paul tutor have taken stakes. trading at 3.78% on some very good volume. >>> this story is the making of a perfect spoof on lady gaga's -- po-po-poker talks. poker talks. can't really sing very well. you didn't need me to tell you that, did you? a manhattan doctor finding a new market for botox. poker players. >>> over the past five years, the national debt has grown at an average of $1.4 trillion per year. i always wait until the last minute. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. >>> power rundown time. joining is now, bob pisani and john carney. topic one, sac capital in the spotlight. what they say could be the most profitable insider trading case in u.s. history. a quarter of a billion dollars! but the is
the moscow bureau chief for many, many years here. you know all the things about russia here. the president was re-elected and you write that the russian president vladimir putin congratulated him on a phone call, but you say it doesn't mean that the relations between these two are so smooth. you write that moscow and washington are still at odds over how to end the carnage if syria and russia still considers the u.s. plans for a european missile defense system a threat. what is the main problem with this, and how do they overcome that defense system here to find some sort of breakthrough? >> well, you know, remember that conversation between president obama and dmitri medvedev who was the president about a year ago in which he said give me some slack. in other words, after the election i'll be able to do more, and he, indeed, asks that mr. medvedev take that message back to vladimir, which mr. medvedev did. the whole idea was -- really one of the sticking points is missile defense saying that u.s. plan for missile defense in europe. the russians are vihamently opposed to it still, and they
blamed missteps in countries such as brazil and russia for the miss. it assured the issues should be resolved by the end of the year. u.s. grocery chain whole foods has posted third quarter profits in line with forecasts. total sales jumped 24% in the period as consumers continue to switch towards organic produce. however the company did warn investors sales have been hit by the impact of hurricane sandy which left many of their customers without power. and that sent shares lower in after hours trade as you can see there, shedding about nearly 3%. we'll keep an eye on that. and just when new york city thought it was all over, a nor'easter called athena has smacked the tri-state area overnight dumping inches of snow over some of hurricane sandy's hardest hit areas. wind and heavy snow have brought down you power lines and electrical wires and thousands who lost power because of sandy just lost it all over again. now, caroline roth joins us from zurich because over in zurich, swiss re has reported results that have cheered the market. 1.6% at the moment. >> absolutely. earlier on in
the u.s. will overtake saudi arabia and russia to become the world's biggest global oil producer by 2017. this is the international energy agency. so becoming a net exporter. joining us is tom bergen at reuters. if that forecast is right, how does that change the politics of oil? >> good morning, ross. yes, that's a prediction now that a lot of analysts have been making over recent months. so it's a pretty broad view that the u.s. will by the end of the decade potentially become the biggest oil producer in the world. there are also predictions that just factory and other things like energy efficiency, basically cut it reliance on on oil imported from outside from immediate neighbors mexico and canada almost to nothing. and if america is not emporting as much oil as it does currently, perhaps for energy to be such a focal point of its foreign policy won't be so large. and already you have exactly within the oil and gas industry pushing the case for shale on the basis that it would save the country a lot of money on overseas military expenditure. >> if you take in that oil, shale gas toget
to russia and they're looking at markets like india. but they've not given up on europe, which will remain its key engine for growth. the european story is more nuanced than the eurozone crisis growth headlines would suggest. in fact, solaris has picked up new business in finland and belgium and will do record sales in spain this year. solaris management considers the company as much european as it is polish and believes the block is strongest staying together. so if the eurozone were a bus, say, none of the passengers should be forced to leave before the ultimate destination is reached. just setting aside for a moment the issue of trade into germany, the polish economy is clipping along at about 2.4% this year. it's expected to slow into next year. so what exactly is the central bank going to do to offset some of that weakness in domestic demand. i'm very pleased to have with me yang, on the committee, and also an academic economist. thank you for joining us. the central bank has been criticized by some for not cutting sooner and more aggressively. and the key policy rate still sits at 4.
with russia and south korea. securing important resources in the south china sea as well as potentially destabilizing or creating a situation in which china doesn't actually have full control of the south china sea for its exports and imports of oil and other natural resources into china. so the issue for the two countries is that being driven by very different factors. >> i know japanese businesses have sort of started to think about the cost benefit of doing business in china because the chinese government has demonstrated their ability to impact business. so i was talking to -- let's he's bring in andrew on this. i suppose the question is whether the chinese are feeling any pinch on their side. >> trade is not everything. don't forget it's not just a financial issue only between china and japan. don't forget the american pivot to asia has complicated things. and also of raising nationalism both in japan and china. a look at japanese politics recently, the current administration has weakened very much by the economy, but also by the rise of another political party and the political pa
already the rules over a couple of years as we can see from russia, canada, u.s. and most countries in europe. so they want those companies to be listed in hong kong, not just those state own company to boost the stock market. >> will they just make it easier? >> definitely easier to list it in hong kong, but still they need to fulfill some of the listing requirements such as if you want to be listed in the main board, there is a three test you need to pass. if not, only some of the resources comes, some of the restriction. but overall why notally speaking, some of the worldwide company like prada, they're doing quite well. so i think this is one of the growth generating points. >> picc might be on its way. what will happen to that? >> as you said, the ipo market is doing well recently. up 12%. one of the casual dining chain prettier. and picc will be the biggest ipo in hong kong this year. it's priced reasonably at 1.2 to 1.5 in price. but we can't compare to its peer because their major business is not life business. they focus more on casualty and property. i think they will be o
there. >>> megaphone has made its stock market debut in london. but shares in russia's second lowest mobile operator are trading below $20 a share, the bottom of the anticipated range. the ipo is still the biggest by a russian company since 2010. so, hope you feel fully caught up on your global news now. >>> still to come, southeast asia's economies are coming up roses in the face of global uncertainties. what's driving them and will the momentum last? we'll find out next. >>> welcome back to the program. the bank of thailand has kept rates as expected. the central bank says the economy is this good shape and strong domestic demand will help counter risks from overseas. in the philippines, the governor of the central bank insists its easy policies are confident despite economic growth. it was well above expectations for growth of just 5.3%. for more on southeast asia, joining us now, economist at southeast asia at rbs. my apologies about that. i'm butchering names all morning. >> no problem at all. >> can you talk first at all about thailand in particular. investors look to this as a
. they did it with me first and then the israeli embassy in russia's refusal, the chinese refusal. it was an interesting experience . thank you pay much for inviting me. >> governor sununu. >> like to just add something to with the speaker has just pointed out. the climate really was different at that time. this is not a big piece of legislation we were very hard on on a bipartisan atheist. we passed the clean air bill, which had been languishing for over a decade. we passed an americans with disabilities, which is extremely difficult. we passed the civil rights bill. said there was a precedent in terms of cooperation and climate. as representatives obey pointed out later on, that is manifested in what was brilliant on precedented interaction between the white house and congress on dealing the invasion to kuwait and tried to pull together a unified respect you. it was an accidental. i really believe we work awfully hard in order to maintain. the keyword was the fact that tom foley and president bush have been members of congress to get there. they had developed a personal relation
samples were given to experts from switzerland switzerland, france and russia to determine if he was murdered. the roller-coaster swept off appeared during the superstore will not stay put to professionals are in talks to remove what remains of the ride saying leaving it in the water could be a good tourist attraction. now back to melissa francis and lori rothman. >> what do we know? >> thank you. [laughter] hedge fund founder is not stepping down and things are winding down and the massive hedge fund and save me from that introduction. >> wrote that. it was poetic. >> do we know? here is what we know. with the preliminaries massive insider trading investigation, the big hedge fund trader himself under the spotlight and they always have to get out of the way i am told the is not stepping down. >> when you talk to people eight have a lot of heat on him. he is proud and iconic. >> but when the justice department is after you you are nodding control. he is not stepping down. also here is what we do know he is expected to say that the fund that he runs indemnifies investors on losses
. no world cups or presidential elections or midterms. in 2014 we have the russia in the winter olympics. we have the brazilian world cup and midterm elections will you before so there will be election year spending. 2013 is not maxiquadrennial like we called it for last year or mini quadrennial we called the world cup year and winter olympics year. much more difficult because of lack of events in our industry. there is tremendous caution and uncertainty. in those conditions people don't invest. they don't make decisions. they don't make hiring decisions. so i would say unemployment, unless something is done about it, is likely to stay at these levels. of course if they don't reach agreement on the fiscal cliff, it will have very damaging impact on employment and prospects. >> sir martin, thanks for joining us. >> that is wonderfully optimistic view of life. >> we'll be getting back to you on all of that. >> thank you, peter. >> tracy, back to you. tracy: peter barnes, great stuff. interesting how 2013, not posing enough of a good events for advertisers. maybe we've got to come up with somet
to compromise. >> steve: the president of the united states did tell the leader of russia that after the election, he would be more flexible. let's hope he's -- that would apply to the republican party. maybe they can actually get a deal because clearly, social security, medicare, the entitlements, all sorts of stuff has got to be fixed for it to go on. now is the time before it's too late. >> brian: let's hope the russian don't want to sell us bayonets because the president has no interest in that. >> gretchen: let's talk about colin powell. some people, were you surprised that he endorsed president obama again for this election cycle even though he is a republican? now he has some advice actually for the president of the united states. he has found at least two things that he needs to work on. >> it was going to be stiff resistance from the republicans. he did. but at the same time, i think he could have done more with respect to setting the right tone and showing some leadership and these are two areas that i think he really has to focus on in his second term. that is reaching out
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